DT Capital Announces 1-for-15 Share Consolidation and Board Lot Adjustment

Bulletin Express
Jun 09

DT Capital Limited plans to consolidate every 15 existing shares into one consolidated share, shrinking its issued share count from 2,735.28 million to 182.35 million. Par value will rise from HK$0.01 to HK$0.15, while authorised share capital remains unchanged at HK$40.00 million, now divided into 266.67 million consolidated shares.

Subject to the consolidation’s completion, the board lot traded on the Stock Exchange will change from 30,000 existing shares to 5,000 consolidated shares. Using the 9 June 2026 closing price of HK$0.057 per existing share, the theoretical price becomes HK$0.855 per consolidated share, lifting the board-lot value from HK$1,710 to HK$4,275—above the HK$2,000 threshold set out in HKEX’s trading guide.

The board cites compliance with Listing Rule 13.64, lower relative transaction costs and broader investor appeal as key drivers. Management expects no material impact on assets, operations or shareholder rights aside from fractional entitlements, which will be aggregated for the company’s benefit.

Implementation hinges on three conditions: (1) shareholder approval at an EGM scheduled for 16 July 2026, (2) listing approval for the consolidated shares, and (3) completion of Cayman Islands and Listing Rule procedures. If approved, the consolidation will take effect on 20 July 2026; the new board lot will apply from 3 August 2026.

Free exchange of share certificates runs from 20 July 2026 to 25 August 2026, and a designated broker will provide odd-lot matching services between 3 August and 21 August 2026.

As disclosed on 22 May 2026, a proposed subscription of 285.70 million new existing shares is pending; no other concrete fund-raising plans are in place. The company reiterates that the share consolidation and board lot change may not proceed if the stated conditions are not met, and advises investors to exercise caution when dealing in its securities.

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